Jack Welch Wife Worked Under Romney At Bain

Suzy Welch, the wife of former GE CEO Jack Welch, was an employee of Mitt Romney’s Bain Capital. The Welches have been in the news after Mr. Welch accused the Obama administration of falsifying a recent positive unemployment report to benefit his re-election campaign.

Mrs. Welch worked at Bain in the 1980s as the firm began to take over companies, load them up with debt, fire employees then sell the resulting company at a profit.

She and her husband have been very public defenders of Romney’s tenure at Bain, via media appearances and their joint column for Reuters. In one column the Welches defended Romney and Bain capital’s business methods, insisting that Romney’s profit-making was in the best interests of the companies, even if middle class workers had to lose their jobs.

After Suzy Welch left Bain she became the editor of the Harvard Business Review but was forced out after it was revealed that she was having an affair with Jack Welch (then married to his second wife) while she was doing a profile of him for the publication.